V Technology Co., Ltd. (TSE:7717) announces a share repurchase program. Under the program, the company will repurchase up to 238,000 shares, representing 2.43% of its total shares outstanding (excluding treasury shares), for a total of ¥500 million. The purpose of repurchase program is to improve the business and provide shareholder returns.

The repurchase program is valid till December 29, 2023. As of September 30, 2023, the company had 9,801,329 shares outstanding (excluding treasury shares) and had 256,271 shares in treasury.